Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Short Interest Up 100.0% in March

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 29th total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days.

Hitachi Construction Machinery Stock Performance

Shares of HTCMY remained flat at $60.00 during mid-day trading on Thursday. The company has a 50-day moving average price of $57.15 and a 200-day moving average price of $56.23. Hitachi Construction Machinery has a 12 month low of $43.93 and a 12 month high of $67.22. The company has a quick ratio of 0.63, a current ratio of 1.44 and a debt-to-equity ratio of 0.24.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last posted its earnings results on Friday, January 26th. The company reported $0.86 earnings per share for the quarter. Hitachi Construction Machinery had a net margin of 7.08% and a return on equity of 13.29%. The firm had revenue of $2.34 billion for the quarter. On average, equities analysts predict that Hitachi Construction Machinery will post 6.59 earnings per share for the current year.

About Hitachi Construction Machinery

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.